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EUR/USD: Fresh Reversal Signal Still Needs Confirmation

EUR/USD: Fresh Reversal Signal Still Needs Confirmation
Bears started to gain control on Wednesday after larger uptrend ran out of steam, leaving triple-Doji (Fri/Mon/Tue). Fresh weakness cracked initial support at 1.1200 (round-figure / the floor of three-day congestion, with sustained break lower seen as minimum requirement for initial reversal signal. Fresh bears eye Fibo support at 1.1171 (23.6% retracement of 1.0833/1.1275 upleg), […] The post EUR/USD: Fresh Reversal Signal Still Needs Confirmation appeared first on Action Forex... Read More
Posted: Jul 19 2023, 15:27
Author Name: actionforex
Views: 102211

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